Wales’ first full scale tidal stream energy generator has been given the go-ahead following a £6.4M EU funding boost, Welsh first minister Carwyn Jones announced today.
The funding will enable the unique £11M DeltaStream device, which will generate clean electricity from the tides off the West Wales coast, to be manufactured ready for installation in 2012.
Backed by the European Regional Development Fund through the Welsh Government, the funding provides a vital source of support for Welsh marine renewable energy company, Tidal Energy, in the development of a low-impact, sustainable source of electricity and a long-term business opportunity for Wales.
Announcing the funding, the first minister said: “There is huge potential for marine energy in Wales and projects like DeltaStream will not only help meet our energy targets, but will provide further opportunities for local communities as well as businesses, creating both environmental and economic benefits.”
DeltaStream sits on the sea bed without foundations and uses tidal currents to generate clean electricity. It has been designed to minimise impact on the environment.
The device will be sited in Ramsay Sound, Pembrokeshire, and during the 12 month demonstration period will provide a sustainable source of electricity to the people of St Davids.
Consent for the DeltaStream demonstration project was granted by the Welsh Government and the Department for Energy and Climate Change (DECC) in March this year.
Tidal Energy managing director Martin Murphy said: “The next step for the scheme will be the manufacture of the DeltaStream device, ready for installation in 2012.
“Procurement for the fabrication and installation of DeltaStream is underway and the project will create a significant number of green jobs.”